Every day, every factory in the world must make decisions on allocating scarce resources
to produce goods. These production decisions come together in a long-term production plan
and a short-term production schedule.
Despite the sheer complexity of modern factory operations, including changeover rules,
capacity constraints, operational dependencies, and objective tradeoffs, production plans
and schedules remain static, created manually and updated sporadically throughout the week.
With events happening on the factory floor every hour and every minute, such as urgent customer
requests, supply chain disruptions, unforeseen breakdowns, and operations starting and ending,
these static plans and schedules lock in suboptimal decisions based on outdated information and
human bias, which add up to billions in unrealized revenue and avoidable costs.